Magnite, Inc.

DB:15R Stock Report

Market Cap: €2.0b

Magnite Valuation

Is 15R undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of 15R when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: 15R (€13.8) is trading below our estimate of future cash flow value (€28.73)

Significantly Below Future Cash Flow Value: 15R is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 15R?

Key metric: As 15R is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 15R. This is calculated by dividing 15R's market cap by their current earnings.
What is 15R's PE Ratio?
PE Ratio14.7x
EarningsUS$158.66m
Market CapUS$2.33b

Price to Earnings Ratio vs Peers

How does 15R's PE Ratio compare to its peers?

The above table shows the PE ratio for 15R vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average40.5x
SAX Ströer SE KGaA
15.4x19.30%€1.9b
IFS Infas Holding
45.9xn/a€61.2m
APM ad pepper media International
90.3x58.50%€63.6m
SPG Springer Nature KGaA
10.4x-4.35%€3.7b
15R Magnite
14.7x-2.12%€2.3b

Price-To-Earnings vs Peers: 15R is good value based on its Price-To-Earnings Ratio (14.7x) compared to the peer average (40.5x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does 15R's PE Ratio compare vs other companies in the European Media Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
15R 14.7xIndustry Avg. 15.2xNo. of Companies13PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 15R is good value based on its Price-To-Earnings Ratio (14.7x) compared to the European Media industry average (15.2x).

Price to Earnings Ratio vs Fair Ratio

What is 15R's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

15R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.7x
Fair PE Ratio13.5x

Price-To-Earnings vs Fair Ratio: 15R is expensive based on its Price-To-Earnings Ratio (14.7x) compared to the estimated Fair Price-To-Earnings Ratio (13.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 15R forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€13.80
€19.06
+38.14%
25.61%€33.68€12.95n/a15
Jun ’27€12.19
€19.07
+56.48%
26.20%€33.47€12.87n/a14
May ’27€10.85
€19.03
+75.44%
27.13%€33.40€11.13n/a14
Apr ’27€10.18
€19.09
+87.48%
27.85%€33.72€11.24n/a14
Mar ’27€11.19
€18.67
+66.92%
27.85%€32.99€11.00n/a14
Feb ’27€12.21
€22.72
+86.06%
18.07%€32.99€16.92n/a14
Jan ’27€13.75
€22.88
+66.44%
18.07%€33.22€17.04n/a14
Dec ’26€12.31
€23.30
+89.31%
18.07%€33.84€17.35n/a14
Nov ’26€14.98
€24.11
+60.93%
14.88%€33.53€18.92n/a13
Oct ’26€18.01
€24.09
+33.76%
14.11%€33.33€20.51n/a13
Sep ’26€21.81
€24.13
+10.64%
14.11%€33.38€20.54n/a13
Aug ’26€19.79
€22.00
+11.15%
23.06%€34.16€15.76n/a13
Jul ’26€20.30
€18.62
-8.26%
25.55%€33.11€11.04n/a14
Jun ’26€14.08
€17.18
+22.03%
14.78%€21.14€11.45€12.1913
May ’26€10.62
€17.07
+60.80%
18.78%€21.97€9.67€10.8513
Apr ’26€10.38
€19.12
+84.26%
10.98%€23.17€13.90€10.1812
Mar ’26€15.70
€19.85
+26.50%
10.55%€24.03€14.42€11.1913
Feb ’26€16.60
€18.74
+12.88%
11.17%€20.97€14.30€12.2113
Jan ’26€15.90
€17.66
+11.05%
14.35%€21.08€12.46€13.7513
Dec ’25€15.50
€16.72
+7.89%
13.66%€19.92€12.33€12.3112
Nov ’25€11.32
€15.80
+39.66%
16.00%€19.38€12.00€14.9812
Oct ’25€12.25
€15.81
+29.11%
14.57%€18.97€12.65€18.0111
Sep ’25€12.15
€15.69
+29.19%
14.57%€18.83€12.55€21.8111
Aug ’25€13.29
€16.08
+20.97%
12.17%€19.39€12.93€19.7911
Jul ’25€12.17
€15.37
+26.26%
12.78%€18.63€13.04€20.309
Jun ’25€11.34
€14.80
+30.50%
13.49%€18.43€11.98€14.089
€18.73
Fair Value
26.4% undervalued intrinsic discount
15
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/14 22:45
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Magnite, Inc. is covered by 27 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel KurnosBenchmark Company
Alexandra RossBerenberg
Omar DessoukyBofA Global Research